Subject description

Financial Modelling equips you to combine your technical and professional expertise with practical financial modelling approaches. You’ll explore best practice financial modelling principles that ensure the inputs and assumptions used to create financial models produce outcomes that are relevant and that add value. Throughout the subject, you’ll develop the skills and knowledge needed to prepare robust, flexible and transparent financial models, and to critically evaluate existing financial models to determine their usefulness and identify improvement opportunities. You will practise applying professional judgement when developing or evaluating financial models, enabling you to contribute to solving business problems and business decision-making.

Topics covered

• Introduction to financial modelling
• Best practice principles
• Model reviews
• Design and build a financial model

Subject learning outcomes

On completion of this subject, you will be able to:

1. Apply technical and professional expertise to analyse how financial modelling can contribute to business decisions
2. Analyse and critically evaluate existing financial models to determine their ability to produce a desired or intended result
3. Apply best practice financial modelling principles to design and develop financial models
4. Apply professional judgement when designing and developing financial models.

Course structure and format

This 7-week course is one of several elective subjects for the Graduate Diploma of Chartered Accounting.

Enjoy supported learning via an online learning platform and interactive resources, featuring:

• Online communities for networking with peers
• Technical discussion forums with specialist Chartered Accountants
• Peer Discussion forums
• Comprehensive study materials and assessment preparation resources
• Real-world case studies, examples and activities.

Please note: The course information shown here is indicative only. For each term, the official subject outline, including reading materials, assessment requirements, and other key details, will be provided to enrolled students through the My Capability Learn portal. The official subject outline may contain updates or changes to the information displayed here and serves as the authoritative reference for all course matters.